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Search Result for “Songkran”

Showing 1 - 10 of 14

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INVESTMENT

Rejig of incentives sought to encourage investment

Business, Nuntawun Polkuamdee, Published on 09/05/2024

» The Federation of Thai Capital Market Organizations (Fetco) is preparing to propose to the Finance Ministry reviving long-term equity funds (LTFs) and adjusting the investment conditions for Thailand ESG funds to attract more investment into the local bourse.

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BUSINESS

KAsset is feeling bullish on China amid reopening

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» Kasikorn Asset Management (KAsset), the largest mutual fund company by assets under management (AUM), reports a healthy start to the year with net inflows of more than 30 billion baht in the first quarter.

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BUSINESS

Thai stocks set to remain volatile in Q2

Business, Nuntawun Polkuamdee, Published on 19/04/2023

» The Thai stock market is expected to remain volatile in the second quarter of this year, with analysts attributing the wild swings to concerns over rising interest rates, problems in the financial system and the risk of recession.

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BUSINESS

Asian markets rally amid thin Easter weekend trade

Business, Nuntawun Polkuamdee, Published on 08/04/2023

» RECAP: Most Asian markets rallied yesterday after a sell-off the previous day in reaction to more evidence of a US economic slowdown. Trade was thin as many Western markets observed the Good Friday holiday.

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BUSINESS

SET rides Asian rebound as bank worries ease

Business, Nuntawun Polkuamdee, Published on 18/03/2023

» RECAP: Asian equities advanced yesterday after a rescue package for First Republic Bank fuelled a rebound in US shares. Even so, the MSCI gauge of Asian shares recorded a second weekly loss after the recent turbulence in the global banking sector.

BUSINESS

SET oil stocks shift into rally mode

Business, Nuntawun Polkuamdee, Published on 09/03/2021

» Oil stocks on the Stock Exchange of Thailand (SET) shifted into rally mode on Monday alongside global oil stocks as Brent crude oil prices rose to a 14-month high above US$70 per barrel, after Saudi Arabia's oil supply had been attacked on Sunday.

BUSINESS

Securities firms see 50% hit to Q2 retail profits

Business, Nuntawun Polkuamdee, Published on 31/07/2020

» As a result of Thailand's nationwide lockdown in the second quarter in response to the pandemic, securities houses expect net profit in the retail sector to decrease by 50% year-on-year.

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THAILAND

DSI releases YLG Bullion's frozen assets

Business, Nuntawun Polkuamdee, Published on 22/06/2017

» The order freezing YLG Bullion International Co Ltd's bank accounts has been revoked after the gold trader disproved allegations that it had cheated investors.

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BUSINESS

SET expecting bull run after Songkran fete

Business, Nuntawun Polkuamdee, Published on 18/04/2017

» The Stock Exchange of Thailand (SET) is seen rallying after the long Songkran festival in the wake of persistent offshore fund inflows amid uncertainty over US economic policy, overweight recommendations in emerging markets by some foreign funds, and better-than-expected first-quarter earnings of Thai listed companies, analysts say.

BUSINESS

Prayut amends Act in bid to soothe shareholder rifts

Business, Nuntawun Polkuamdee, Published on 11/04/2017

» Prime Minister Prayut Chan-o-cha has invoked Section 44 of the interim charter to amend the Public Limited Companies Act allowing minority shareholders to call an extraordinary shareholder meeting without restrictions on investor numbers.